El Salvador's inaugural digital debt offering, organised by Bitfinex Securities to fund a Hilton hotel project at El Salvador International Airport, failed to meet its fundraising target.

The issuance, managed by Inversiones Laguardia, raised $342,000, which was insufficient to reach the required $500,000 threshold for the next phase.

Bitfinex Securities plans to refund investors and expects Inversiones Laguardia to revise the offering to attract more interest, possibly by restructuring incentives like free hotel nights for investors starting at $1,000.

Despite initial optimism about introducing digital asset securities to El Salvador's capital market, the offering's performance underscores challenges in this emerging financial sector.